Builders are refusing to offer fixed prices due to the escalating cost of construction materials - which are running out. Mortgage brokers say banks favour fixed price builds, and getting a loan could become harder. The pinch is already slowing down construction projects nationwide. Master Builders' president Kerry Archer spoke to Māni Dunlop.
Builders are refusing to offer fixed prices due to the escalating cost of construction materials - which are running out. Mortgage brokers say banks favour fixed price builds, and getting a loan could become harder. The pinch is already slowing down construction projects nationwide. Master Builders' president Kerry Archer spoke to Māni Dunlop.